Macquarie Group Ltd, Australia's top investment bank, has agreed to sell its private equity funds management division to the unit's three managers, a source with direct knowledge of the deal told Reuters on Tuesday.
1 min read · 18 March 2014
Chinese private equity firm Yunfeng Capital, co-founded by Alibaba Group Holding Ltd's Jack Ma, is raising up to $1 billion in its second fund, writes Reuters. Yunfeng raised $1.5 billion in its debut fund in 2011, and has targeted investment in technology, media and telecommunications (TMT) related companies, as well as healthcare and consumer products.
2 min read · 18 March 2014
Trinseo SA, a plastics maker backed by Bain Capital, filed again with U.S. regulators to raise up to $200 million in an initial public offering of common stock, Reuters reported.
1 min read · 17 March 2014
Chinese e-commerce giant Alibaba Group Holding Ltd has decided to hold its long-awaited IPO in the United States and is in discussions with six banks to underwrite the deal, in what is set to the most high-profile public offering since Facebook Inc's listing nearly two years ago, Reuters reported.
3 min read · 17 March 2014
Vodafone has agreed to buy Spain's largest cable operator, Ono , for 7.2 billion euros ($10 billion), the latest hefty deal in a European telecoms sector starting to rebuild as the region recovers from a recession, sister news service Reuters reported. Ono is 54 percent owned by a group of large buyout shops.
4 min read · 17 March 2014
Giant Investment Ltd will acquire Chinese online gaming company Giant Interactive Group Inc for $3 billion and take it private, the companies said on Sunday.
1 min read · 17 March 2014
Canadian oil and gas producer Encana Corporation is in advanced talks to sell its Wyoming natural gas field to private equity firms Carlyle Group and NGP Energy Capital Management for about $2 billion, according to the Wall Street Journal, writes Reuters. The company has been looking to sell its holdings in the so-called Jonah field as it shifts its focus away from natural gas to drilling for more valuable oil and natural gas liquids, the report said.
1 min read · 17 March 2014
Australian childcare centre owner Stirling Early Education Ltd has canceled plans for a A$200 million ($180 million) public float after it failed to attract investors, writes Reuters. The company said it was considering its options.
1 min read · 17 March 2014
Britain's Vodafone has agreed to buy Spanish cable operator Ono for 7.2 billion euros ($10.03 billion), writes Reuters. The purchase of private equity-backed Ono will be Vodafone's third European fixed-broadband acquisition in two years as the company seeks to improve its networks and shore up its European businesses after the $130 billion sale of its U.S. arm.
1 min read · 17 March 2014
Shares of healthcare information provider Castlight Health Inc rose more than 160 percent in their debut, sister news service Reuters reported, making the listing the strongest by a technology company so far this year.
2 min read · 14 March 2014
